Tag: Philippines

UPS's new intra-Asia hub off to a flying start

United Parcel Service (NYSE: UPS) today announced that volume increased a solid 20% from countries directly linked to its new intra-Asia hub in the Philippines.
The announcement follows other healthy second-quarter financial news from the region, including a 17% gain in Asia export volume and a 32% rise in export volume from China.
“Clearly, customers are realizing the value and service UPS offers in the region,” said Ron Wallace, president of UPS International. “This impressive growth shows that customers are turning to UPS for the complete portfolio of services the company now brings with the hub in place.”

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UPS intra-Asia volume up 19%

United Parcel Service said it has seen its intra-Asia volume rise almost 19% since it opened a regional hub in the Philippines in April.
The new network, based at the former Clark Air Force Base, connects nine major Asian markets with overnight delivery service.

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TNT Philippines posts 12% growth

TNT Express Worldwide (Philippines) Inc. said yesterday it posted a 12-percent growth in revenues in the first quarter of the year despite a 30-percent decline in its biggest market, the electronics sector.

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